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Biotech / Medical : wla(warner lambert)
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To: Michael P. Michaud who wrote (100)11/20/1997 11:08:00 AM
From: Judd  Read Replies (3) of 942
 
All,

I taped the interview on CNBC and watched it last night. I was kind of dissapointed, in that I don't think he said anything we don't already know. He really didn't say that much. What I remember is that he said that the warning about the kidney failure was not that bad and that most drugs have worse warnings on the labels. He said that Lipitor just past Merks drug in sales. He was asked about the confectionary business and said it was growing at 15% last quarter (He thought about it before he said it). He said it was making them money and they put alot of that money into R&D and now are seeing the returns. He was very optimistic and said that any dips should be buying opportunities. This is what I can remember, hope this helps.

-Judd
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